Principles of Management for Effective Managers in Modern Organizations

Running Head: MANAGEMENT
0
Principles of
Management
BDM1314: Principle of Management I
(Student details :)
8/13/2019

Management
1
Contents
Principles of Management-I.......................................................................................................2
Introduction................................................................................................................................2
Background and details of the MA........................................................................................2
Critical Analysis and Evaluation................................................................................................3
Four principal functions of the manager................................................................................3
Planning and Decision-Making..........................................................................................4
Organizing..........................................................................................................................4
Leading...............................................................................................................................5
Controlling.........................................................................................................................5
Challenges face by Managers.................................................................................................5
Facing an employee performance challenge......................................................................6
Terminating employees......................................................................................................6
Taking the correct hiring decisions....................................................................................6
Practicing something wrong or unethical...........................................................................6
Team conflicts....................................................................................................................7
Important managerial roles....................................................................................................7
Skills required by the effective managers..............................................................................7
Application.................................................................................................................................8
Conclusion..................................................................................................................................9
References..................................................................................................................................9

Management
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Principles of Management-I
Introduction
This report is based on critically analysing managers in modern organizations while
describing the role of effective business leaders or managers. In this context, critical analysis,
as well as evaluation, will be done on the basis of different principles of management. For
instance, this report is going to discuss four principal functions of the manager within the
modern organizations and thereby their effects or contribution towards benefits for
organizations. In this report, the challenges faced by the managers will be discussed. Besides,
how managers of this era overcome such challenges in real-time, will be discussed. To do so,
an organization named as Malaysia Airlines has been selected for narrating on principles of
management for a manager of this era (Venugopal, 2019). With the help of this report, the
best managerial roles for an effective manager will be discussed. Apart from this, important
skills which are required by the modern managers to be an effective asset within an
organization will be discussed in detail.
The selected company is ‘Malaysia Airlines’ (MA), a part of Malaysia Aviation
Group (MAG) that is an international aviation firm with subsidiaries as well as equity
investments managed into 4 important distinct business segments. In this context, Malaysia
Airlines Berhad, previously known as Malaysian Airline System, branded as Malaysia
Airlines. It is an airline operating flights from Kuala Lumpur International Airport as well as
from secondary hubs in Kota Kinabalu and Kuching to destinations all the way through
Oceania, Asia, and Europe (Ping, et al., 2019).
Background and details of the MA
The company first established in May 1947 as Malayan Airways headquartered in
Sepang, Malaysia. The corporation is known with the names to include Malaysia Airlines
System (MAS), and MAB. This is an airline operating its flights from Kuala Lumpur Airport
as well as from Kota Kinabalu to destinations all across Asia, Europe, and Oceania. It is
worth knowing that MA is the flag carrier of Malaysia. The company also owns codeshares
with famous global airlines such as Ethiopian Airlines, Emirates, Cathay Pacific, Singapore
Airlines and many more (Ping, et al., 2019).

Management
3
Critical Analysis and Evaluation
In general, effective managers play a vital element in all organization operations. It
has been found that a good manager is who understands the efficient ways to train as well as
supervise his staff. Thus, a good always better positioned to run his team efficiently, resulting
in enhanced productivity for his organization (Zheng, Yang, & Mclean, 2011). In this way,
this section of the report is going to critically analyze my current Manager in MA. In order to
describe the role of effective business leaders or manager, the following points will be
included for critically analysing and evaluating as follows:
Four principal functions of the manager
In order to critically analyse and evaluate managers working in MA, there are Four
principal functions of the manager in the organization. It will be seen here that how does it
contribute or benefit the chosen organization.
Source: (Chawla & Renesch, 2010)